The current account deficits incurred by the United States in the 1990s and early 2000s were caused, in the opinion of many economists, by

A) federal budget deficits.
B) a sharp decline in private saving.
C) "flight to quality" as foreign investors favored U.S. investments.
D) Both B and C are correct.

D

Economics

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It is illegal for a business to price discriminate when selling goods to other businesses unless Both A & B are true

a. Price discounts are cost-justified b. Discounts are offered to meet competitors' price c. Either A or B is true d.

Economics

During the Financial Crisis of 2007-2008, investors demanded much higher risk premiums in their investments. This caused the SML to:

A. Shift up B. Shift down C. Become steeper D. Become flatter

Economics